Preferred Shares
Find key features of Scotiabank’s preferred shares
Registered holders of Scotiabank preferred shares are eligible to participate in the Dividend and Share Purchase Plan for the purchase of common shares. All outstanding issues of Scotiabank preferred shares are non-cumulative.
Record and payment dates for Fiscal 2020
Series 30-34, 36, 38, 40
January
Record date: January 7, 2020
Payment date: January 29, 2020
April
Record date: April 7, 2020
Payment date: April 28, 2020
July
Record date: July 7, 2020
Payment date: July 29, 2020
October
Record date: October 6, 2020
Payment date: October 28, 2020
Key features1,2
The following is a summary of some of the key terms of The Bank of Nova Scotia's Perferred Shares. To obtain additional information, please refer to the respective prospectus.
Series 30
Ticker Symbol
BNS.PR.Y
Issue Price
$25.00
Dividend
$0.113750
Redemption Date
Apr 26, 2015
(and every 5 years thereafter)
Redemption Price
$25.00
Bank CUSIP No.
064149 63 6
Series 31
Ticker Symbol
BNS.PR.D
Issue Price
$25.00
Dividend
$0.165348
Redemption Date
Apr 26, 2015 / Apr 26, 2020
(and every 5 years thereafter)
Redemption Price
$25.50 / $25.00
Bank CUSIP No.
064149 62 8
Series 32
Ticker Symbol
BNS.PR.Z
Issue Price
$25.00
Dividend
$0.128938
Redemption Date
Feb 2, 2016
(and every 5 years thereafter)
Redemption Price
$25.00
Bank CUSIP No.
064149 61 0
Series 33
Ticker Symbol
BNS.PR.F
Issue Price
$25.00
Dividend
$0.186773
Redemption Date
Feb 2, 2016 / Feb 2, 2021
(and every 5 years thereafter)
Redemption Price
$25.50 / $25.00
Bank CUSIP No.
064149 59 4
Series 34
Ticker Symbol
BNS.PR.E
Issue Price
$25.00
Dividend
$0.343750
Redemption Date
Apr 26, 2021
(and every 5 years thereafter)
Redemption Price
$25.00
Bank CUSIP No.
064149 55 2
Series 36
Ticker Symbol
BNS.PR.G
Issue Price
$25.00
Dividend
$0.343750
Redemption Date
Jul 26, 2021
(and every 5 years thereafter)
Redemption Price
$25.00
Bank CUSIP No.
064151 20 2
Series 38
Ticker Symbol
BNS.PR.H
Issue Price
$25.00
Dividend
$0.303125
Redemption Date
Jan 27, 2022
(and every 5 years thereafter)
Redemption Price
$25.00
Bank CUSIP No.
064151 11 1
Series 40
Ticker Symbol
BNS.PR.I
Issue Price
$25.00
Dividend
$0.303125
Redemption Date
Jan 27, 2024
(and every 5 years thereafter)
Redemption Price
$25.00
Bank CUSIP No.
06415E 30 3
Dividend Taxation
The federal Income Tax Act, and most provincial income tax legislation, taxes Canadian individuals who receive eligible dividends at a lower rate. All of the dividends paid by the Bank of Nova Scotia, and any of its subsidiaries, in 2006 are eligible dividends and all dividends paid hereafter will be eligible dividends unless indicated otherwise.
Non-cumulative preferred cash dividends on Series 30 to 34, 36, 38, 40 shares are payable quarterly when declared by the Board of Directors on the third business day prior to the end of January, April, July and December. October of each year.
Series 34, 36, 38 and 40 shares include the Non-Viability Emergency Capital (NVCC) provisions necessary to qualify for Tier 1 capital in accordance with Basel III requirements.